Review of 12b-1 Fees
May Be Far-Reaching

A gamut of mutual-fund distribution issues are likely to come up for discussion today as the Securities and Exchange Commission sits down with industry participants at a roundtable to talk about 12b-1 fees.

In recent months, top SEC officials have expressed concern about the use of 12b-1 fees -- a type of sales fee paid to brokers. But industry observers say the fee can't be looked at in isolation, and should involve a review of the...